Ep.48 Amazon Threats and Trends for a Successful 2021

Welcome back to the Sprint to Profit Podcast for Amazon Sellers. In this episode, we are going to be discussing some of the most important concepts that you need to be prepared for when running a successful Amazon business in 2021. We’ll be covering threats and trends you should be keeping on your radar so you can stay ahead of the curve.

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Talking Points:

• 00:23 - Hello and Welcome
• 00:56 - Summary of the things we will go over today
• 07:50 - The threats to Amazon sellers
  • Big brands are now getting in on Amazon’s sales
  • Flood of competition as people look to supplement their income
  • Roll Up Firms
• 19:23 - Continued online Customer acquisition through 2021 after COVID 19
• 20:27 - Amazon will continue to roll out marketing tools to “help” sellers
• 22:25 - Amazon ASIN restrictions will continue
• 23:55 - Look out for more Augmented Reality tools
• 26:36 - Mobile shopping to become even more important
• 27:48 - Voice search SEO
• 29:35 - Product niches in health, wellbeing, relieving boredom, bringing the outside in
• 31:50 - Inventory management because of supply chain and warehouse restrictions
• 35:21 - Survival gear as some Americans are increasingly growing fearful of everything
• 35:50 - Pet products as people are in search of animal companionship
• 36:00 - Travel and other industries that will begin to trend soon
• 38:39 - Summary of what we went over today
• 00:00 - Conclusion

Resources/Links:

Money/Time Investment Tool: https://www.goteamreal.com/smartgoal

Our Website: https://www.goteamreal.com/

Real Amazon Seller Facebook Group: https://www.facebook.com/groups/AmazonSellerRoundTable/

Quotes: 

08:58 - “Nobody wants to keep closing their business because they can’t keep coming up with sustainable business ideas to run their business in an innovative way. If you don’t change with the times, the times will leave you behind.” - Isaac

15:55 - “Yeah, we’re going to get more sophistication on Amazon but there’s no way this industry is going away. People (bigger than you and I) realize that this is a key opportunity” - Kirsty

18:22 - “The best time to always start an Amazon business was yesterday or last year. But you can’t turn back time, you can only think about what can you accomplish in the next few years.” - Isaac

20:17 - “By and large a lot of people are going to fail on Amazon, so that is why you need to find the right strategies to stay ahead.” - Isaac